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...It has not set out details of when it will take effect or who will control the China entity, the people said. One added that the move would affect roughly 6,000 staff in Hong Kong and mainland China....
...Thames Water is in trouble: cash-strapped, struggling to control sewage outflows and water leakage, and without the storage capacity to deal with shortfalls during hot weather....
...Government contingency plans for a potential nationalisation of Thames Water, which has become a focus for public anger over sewage pollution and mistrust of England’s privatised water system, emerged last...
...Negotiations for the next five years of price controls are ongoing between the water industry and regulators. It is clear what the public mood is: we want our rivers cleaner in future....
...Macquarie says on its website that it will “play a leadership role” in improving UK water-industry infrastructure and complains that most pollution incidents fall outside its direct control....
...The Environmental Protection Agency issued two new rules that aim to limit toxic emissions from chemical plants and remove cancer-causing chemicals from tap water, as the Biden administration tries to advance...
...But some environmentalists have criticised offsets as indulgences that can be bought without reducing the original source of pollution....
...[MUSIC PLAYING] Thames Water is in crisis. The British utility is in a lot of debt and it’s struggling to control sewage and water leaks....
...“Not surprisingly, with such high political interest, water pollution in China has been significantly reduced since 2020,” says Biswas....
...“All New Yorkers have a basic right to clean water, yet PepsiCo’s irresponsible packaging and marketing endanger Buffalo’s water supply, environment and public health,” James said on Wednesday....
...Air pollution is falling in many areas but the number of coal-fired plants has increased and soil and water pollution remain problematic....
...richard.waters@ft.com...
...£70bn in dividends while presiding over leakage and pollution failures, including unknown quantities of untreated sewage pouring into coastal waters and rivers....
...Price’s own company Teck has also been under fire from NGOs about the environmental impact of its mines including water pollution at the Elk Valley coal mines in Canada, which it agreed to sell to Glencore...
...CVR Energy has paid $3.2bn of dividends into Icahn’s empire since he took control of the outfit through a 2012 boardroom fight, though the battle is best known on Wall Street for the ensuing litigation....
...This has prompted warnings about reduced competitiveness from industry groups, as well as outright protests — such this year’s demonstrations by farmers, which forced the European Commission to water down...
...These include credits linked to the provision of safe drinking water in Rwanda, which were meant to reduce carbon emissions from burning firewood to boil water....
...Environmental activists have been lobbying the Environment Agency to grant more rivers, lakes and beaches official bathing water status as a means of pressuring water companies to clamp down on sewage pollution...
...The massive use of pesticides endangers biodiversity and thus our drinking water, clean air and fertile soils.”...
...The emissions grading is like “a regulatory shark prowling the waters of shipping without the sharp teeth of enforcement”, Austin said....
...Carefully orchestrated strikes have punctuated intense diplomatic activity trying to prevent the conflict from escalating out of control....
...Prime Minister Narendra Modi is hoping to win another five-year term that will tighten his control over the country....
...The FT’s AI editor Madhumita Murgia and West Coast editor Richard Waters have more details on the potential revamp....
...Agricultural runoff and the release of untreated sewage are leading causes of river pollution, which rings a bell with the parents: there were cute cows chewing the cud on the river bank and a sewage facility...
...Macquarie was the largest investor in Thames Water between 2006 and 2017 and was widely criticised for extracting millions of pounds in dividends as the utility struggled with leakages and pollution failures...
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